Government actions to date

The SCC recommended immediate action by government in the areas below to help offset business challenges. Find a full list of recommendations and government action on a provincial and federal level here.



Federal business resources


Canada Worker Lockdown Benefit

If a local lockdown occurs between October 24, 2021 and May 7, 2022, eligible workers unable to work due to the lockdown can receive $300 a week in income support.


Canada Recovery Caregiving Benefit (CRCB) and Canada Recovery Sickness Benefit (CRSB)

The Canada Recovery Caregiving Benefit (CRCB) and the Canada Recovery Sickness Benefit (CRSB) have been extended until May 7, 2022 and the maximum duration has increased by two weeks.


Canada’s COVID-19 Economic Response Plan: Support for Canadians and Businesses


Canada Recovery Hiring Program (CRHP)

The Canada Recovery Hiring Program has been extended to November 20, 2021 and there are plans to extend it further to May 7, 2022. à The Canada Recovery Hiring Program has been extended to May 7, 2022.


Canada Small Business Financing Program

The Canada Small Business Financing Program makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders.  Up to a maximum of $1,000,000 for any one borrower, of which no more than $350,000 can be used for purchasing leasehold improvements or improving leased property and purchasing or improving new or used equipment. Financial institutions deliver the program and are solely responsible for approving the loan. For more information download their PDF pamphlet or click here to find a lender near you.


Government of Canada Business Benefits Finder

The Government of Canada has introduced many COVID-19 supports to help businesses weather the storm. To get a tailored list of the ones that fit your business situation or to discover other federal, provincial and territorial programs and services designed to help Canadian businesses grow, try the interactive business benefits finder. You can also sign up for the notification feature to receive emails when there are changes to your favourite programs, when application deadlines are approaching, or when a new program that meets your needs is introduced.


Regional Air Transportation Initiative

The Regional Air Transportation Initiative (RATI) is a $206 million initiative that aims to help regional air transportation ecosystems affected by the economic impacts of COVID-19. It will support regional and local air carriers and airports that are critical regional transportation hubs or fill essential service gaps in Western Canada. This support will enable the air transportation system in Western Canada to remain operational through these difficult times and continue to support the economic growth of our communities.

Apply before March 2022 here:
Saskatoon, Saskatchewan
Telephone: 306-975-4373
Toll Free: 1-888-338-9378
Teletypewriter (TTY): 1-877-303-3388
Fax: 306-975-5484
Email: wd.sk-sk.deo@canada.ca


Highly Affected Sectors Credit Availability Program (HASCAP)

Businesses heavily impacted by COVID-19 can access guaranteed, low-interest loans of $25,000 to $1 million to cover operational cash flow needs. These loans are for small and medium-sized businesses that have seen their revenues decrease by 50% or more as a result of COVID-19.

*This program has been extended to March 31, 2022.

Find out more here.


Large Employer Emergency Financing Facility (LEEFF)

The Government of Canada announced the Large Employer Emergency Financing Facility (LEEFF). LEEFF aims to provide bridge financing to Canada’s largest employers, whose needs are not being met through conventional financing, in order to keep their operations going. LEEFF will provide additional liquidity for Canada’s largest businesses, to allow them and their suppliers to remain active and position them for a rapid economic recovery.


Work-Sharing Program

The federal government has extended the Work-Sharing program to September 24, 2022. The Work-Sharing program is offered to workers who agree to reduce their normal working hours because of developments beyond the control of their employers.


Tourism and Hospitality Recovery Program

October 24, 2021 until May 7, 2022 – Targets hotels, tour operators, travel agencies, restaurants, bars, and others. Eligibility will be determined by revenue losses of at least 40 per cent over twelve months and the current month, or the presence of temporary local lockdowns and a current-month revenue decline. There is a subsidy rate of up to 75 per cent until March 13, 2022.

The monthly cap will increase from $300,000 to $1 million for eligible employers and organizations that meet the rent subsidy criteria under this program.


Hardest-Hit Business Recovery Program

October 24, 2021 until May 7, 2022 – Aimed at businesses that have faced deep losses. Eligibility will be determined by significant revenue losses of at least 50 per cent over twelve specific months and the current month, or the presence of temporary local lockdowns and a current-month revenue decline. There is a subsidy rate of up to 50 per cent until March 13, 2022.

The monthly cap will increase from $300,000 to $1 million for eligible employers and organizations that meet the rent subsidy criteria under this program.



provincial business resources

Saskatchewan Government COVID-19 Resources



Resources specifically for Small Business and Entrepreneurs

BDC COVID-19 Supports for Canadian Business

What Supports to Access and How: Advisors for Small Business from Advocis Connect

Business Continuity Plan and Templates for Entrepreneurs – BDC

Support for Entrepreneurs Impacted by COVID-19 – BDC

Canada Emergency Business Account (CEBA)

This $25 billion program provides interest-free loans of up to $40,000 to small businesses and not-for-profits, to help cover their operating costs during a period where their revenues have been temporarily reduced, due to the economic impacts of the COVID-19 virus.

*The repayment deadline for CEBA loans to qualify for partial loan forgiveness is being extended from December 31, 2022, to December 31, 2023, for all eligible borrowers in good standing.



resources for Exporters

Export Development Canada



Resources for Indigenous Communities

  • In partnership with Indigenous Services Canada, SMEDCO is delivering a COVID-19 impact fund for Métis communities and microbusinesses. The Fund will provide Métis community owned businesses and Small / Microbusinesses in Saskatchewan that have experienced reduced revenues as a result of the COVID-19 pandemic with two streams of COVID-19 supports. Stream one focuses on providing access to business assessment, advisory, and recovery supports from professionals and stream two focuses on providing non-repayable contributions to support ongoing operations.


Resources for employers

How to complete a Record of Employment

Managing Staffing and Leave

EI Information for Employers

Canada Emergency Wage Subsidy

Work-Sharing Program and Temporary Special Measures



resources for workers

Employment Insurance

Saskatchewan Government support for workers

Canada Recovery Benefit (CRB)

Available until October 23, 2021.

Canada Recovery Sickness Benefit (CRSB)

Extended until May 7, 2022. Maximum duration of benefits is now 6 weeks.

Canada Worker Lockdown Benefit

If a local lockdown occurs between October 24, 2021 and May 7, 2022, eligible workers unable to work due to the lockdown can receive $300 a week in income support.

Canada Caregiving Benefit (CRCB)

Extended until May 7, 2022. Maximum duration of benefits is now 44 weeks.



resources for farmers and the agri-food sector

Advance Payments Program

Canadian Agricultural Partnership

Alleviating Industry Financial Pressure – Farm Credit Canada



General Resources

Public Health Agency of Canada’s webpage on general COVID19

Avoid COVID-19 Fraud



Business Input

March 2020 survey: Please find the recap of the COVID-19: Business Impact Survey here.

April 2020: Please find the recap of the COVID-19: Current State of Business Survey here.

April 2021: Find a recap of the COVID-19: Business Impact Survey on our InputSask hub.



 

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Human Resources

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MNP

Ask an MNP Professional

Chartered Professionals in Human Resources (CPHR) Saskatchewan

 

Accounting Firms

Learn More

KPMG

Grant Thornton

Deloitte.

Baker Tilly Canada

  • Baker Tilly has produced a guide outlining financial relief measures available to businesses and individuals who are impacted economically by the COVID-19 outbreak.
  • Baker Tilly has also set up a “COVID-19: Business guidance” hub, which is regularly updated with the latest tax and financial measures impacting Canadian businesses in the wake of the pandemic, as well as helpful resources.

Crowe MacKay